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Sunday, May 17, 2026

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What are the near-term drivers?

The VN-Index in the first half of April is expected to receive continued support from several positive factors. These include relatively optimistic forecasts for first-quarter 2026 profit growth, the anticipated upgrade of the domestic stock market, prospects for easing geopolitical tensions between the U.S., Israel, and Iran, and heightened investor confidence surrounding the formation of the new government. SSI Research, in a recent report, the top leadership of the country for the 2026-2031 term has been consolidated. Unlike previous terms, this cycle is marked by an unprecedented level of transparency in policy direction. The medium-term policy framework has already been clearly defined through Politburo resolutions issued in 2025 and early 2026. The affirmation of Vietnam’s goal of sustainable double‑digit economic growth marks a pivotal turning point in its development strategy. Policy priorities are clearly shifting away from cyclical support and short‑term stimulus toward a model rooted in structural transformation—focused on higher productivity, greater scale, and more efficient capital utilization. Reform efforts span multiple areas: fostering the private sector and small‑ and medium‑sized enterprises, nurturing leading national corporations, recalibrating foreign direct investment (FDI) policies toward a more selective and efficiency‑driven approach, and strengthening domestic capital markets, particularly as channels for medium‑ […]
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